MoonPay Launches Stablecoin Debit Card for AI Agents on Mastercard Network

May 2, 2026

MoonPay launched the MoonAgents Card, a virtual Mastercard debit card that enables AI agents and users to spend stablecoins directly from self-custodied onchain wallets at any Mastercard merchant globally. The card converts stablecoins to fiat at point of payment without requiring preloading or transferring custody, issued through regulated payments platform Monavate as part of a partnership with Exodus Movement. Currently available via MoonPay CLI in the UK and Latin America with U.S. and EU expansion planned, the product requires identity verification before issuance. The launch reflects growing industry conviction from leaders like Binance founder Changpeng Zhao and Coinbase CEO Brian Armstrong that AI agents will soon conduct transactions at massive scale using crypto, as AI agents can own wallets but cannot access traditional banking infrastructure.

MoonAgents Card Product Features and Functionality

▪MoonPay launched a stablecoin debit card called MoonAgents Card designed for AI agents and users.
▪Users must complete identity verification before MoonAgents Card is issued.
▪If a MoonAgents Card transaction is declined, funds return to the user's wallet immediately.
▪MoonAgents Card availability in the U.S. and EU is planned in the coming months.
▪MoonAgents Card can be used at any online merchant globally that accepts Mastercard.
▪MoonAgents Card allows users to spend directly from onchain wallets.
▪Wallet custody is never transferred during MoonAgents Card transactions.
▪MoonAgents Card is a virtual Mastercard debit card that converts stablecoins into fiat at the point of payment.
▪MoonAgents Card is currently available through MoonPay CLI in the UK and Latin America.

Technical Infrastructure and Partnership Structure

▪MoonAgents Card launch is part of a new card issuance agreement between MoonPay, Monavate, and Exodus Movement.
▪Monavate handles the onchain funding and authorization in real time for MoonAgents Card.
▪MoonAgents Card is issued through Monavate, a regulated global payments platform and principal member of the Mastercard network.
▪MoonAgents Card links a self-custodial wallet to a Mastercard virtual payment card through Monavate's infrastructure.

AI Agents as Future Financial Actors in Crypto Economy

▪Brian Armstrong said AI agents cannot open a bank account but can own a crypto wallet.
▪Brian Armstrong said there will soon be more AI agents than humans making transactions.
▪John Collison made statements about agentic commerce in February.
▪Changpeng Zhao said AI agents will make 1 million times more payments than humans and will use crypto.